TMF vs TECL

Comparison between DIREXION DAILY 20+ YEAR TREASURY BULL 3X SHARES (TMF, ETF) and DIREXION DAILY TECHNOLOGY BULL 3X SHARES (TECL, ETF).

5-Year PerformanceTECL has outperformed TMF, delivering a return of +34.8% compared to -30.0%

TMF vs TECL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TMF(ETF)	TECL(ETF)
Net Assets	$3B	$3B
Max Drawdown	93.33%	77.96%
Sharpe Ratio	-0.21	2.26
5Y Beta	0.19	4.20
P/E Ratio	N/A	38.87
Forward P/E	N/A	23.14
PEG Ratio	N/A	0.46
5Y Dividends CAGR	-26.36%	109.97%
5Y EPS CAGR	N/A	33.74%
Debt to Equity	N/A	5.52%
P/S Ratio	N/A	7.33
P/B Ratio	N/A	10.17

Net Assets

TMF

$3B

TECL

$3B

Max Drawdown

TMF

93.33%

Winner

TECL

77.96%

Sharpe Ratio

TMF

-0.21

Winner

TECL

2.26

5Y Beta

Winner

TMF

0.19

TECL

4.20

P/E Ratio

TMF

N/A

TECL

38.87

Forward P/E

TMF

N/A

TECL

23.14

PEG Ratio

TMF

N/A

TECL

0.46

5Y Dividends CAGR

TMF

-26.36%

Winner

TECL

109.97%

5Y EPS CAGR

TMF

N/A

TECL

33.74%

Debt to Equity

TMF

N/A

TECL

5.52%

P/S Ratio

TMF

N/A

TECL

7.33

P/B Ratio

TMF

N/A

TECL

10.17

TMF vs TECL - Holdings Comparison

TMF and TECL have 0 common holdings. Overlap is 0.00%

TMF's top 25 holdings weight is 77.07%. TECL's top 25 holdings weight is 101.02%.

Rank	TMF	TECL
#1	ISHARES 20& YEAR TREASURY BOND ETF (TLT) - 69.74%	TECHNOLOGY SELECT SECTOR INDEX SWAP (n/a) - 17.82%
#2	GOLDMAN SACHS FS TREASURY INTMS INSTL (FTIXX) - 7.33%	DREYFUS GOVT CASH MAN INS (n/a) - 13.18%
#3	N/A	NVIDIA CORP (NVDA) - 9.94%
#4	N/A	DREYFUS TRSRY SECURITIES CASH MGMT (n/a) - 9.08%
#5	N/A	JP MORGAN 100 US TRSY CAPITAL 3163 (n/a) - 8.30%
#6	N/A	APPLE INC (AAPL) - 8.11%
#7	N/A	MICROSOFT CORP (MSFT) - 6.28%
#8	N/A	BROADCOM INC (AVGO) - 3.83%
#9	N/A	GOLDMAN FINL SQ TRSRY INST 506 (n/a) - 2.61%
#10	N/A	MICRON TECHNOLOGY INC (MU) - 2.49%
#11	N/A	ADVANCED MICRO DEVICES INC (AMD) - 2.21%
#12	N/A	CISCO SYSTEMS INC (CSCO) - 1.71%
#13	N/A	n/a (PLTR) - 1.64%
#14	N/A	LAM RESEARCH CORP (LRCX) - 1.62%
#15	N/A	APPLIED MATERIALS INC (AMAT) - 1.53%
#16	N/A	INTEL CORP (INTC) - 1.52%
#17	N/A	ORACLE CORP (ORCL) - 1.48%
#18	N/A	INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 1.17%
#19	N/A	KLA CORP (KLAC) - 1.17%
#20	N/A	TEXAS INSTRUMENTS INC (TXN) - 1.05%
#21	N/A	AMPHENOL CORP CLASS A (APH) - 0.93%
#22	N/A	ANALOG DEVICES INC (ADI) - 0.92%
#23	N/A	SALESFORCE INC (CRM) - 0.86%
#24	N/A	ARISTA NETWORKS INC (ANET) - 0.85%
#25	N/A	QUALCOMM INC (QCOM) - 0.72%
Total Holdings	2	79

TMF vs TECL - Historical Returns

Returns include dividend reinvestment.

Period	TMF	TECL
1 month	-2.95%	+85.52%
3 months	-4.91%	+71.68%
6 months	-11.01%	+58.90%
1 year	-3.60%	+236.12%
5 years(CAGR)	-30.02%	+34.82%
10 years(CAGR)	-15.93%	+51.34%
Max(CAGR)	-5.96%	+47.81%

TMF

-2.95%

Winner

TECL

+85.52%

TMF

-4.91%

Winner

TECL

+71.68%

TMF

-11.01%

Winner

TECL

+58.90%

TMF

-3.60%

Winner

TECL

+236.12%

5Y(CAGR)

TMF

-30.02%

Winner

TECL

+34.82%

10Y(CAGR)

TMF

-15.93%

Winner

TECL

+51.34%

Max(CAGR)

TMF

-5.96%

Winner

TECL

+47.81%

TMF vs TECL - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	TMF	TECL
2026	-3.47%	+63.59%
2025	-3.69%	+39.31%
2024	-34.61%	+47.45%
2023	-17.42%	+211.87%
2022	-70.36%	-75.03%
2021	-19.51%	+124.10%
2020	+34.34%	+60.42%
2019	+32.62%	+185.47%
2018	-7.97%	-26.75%
2017	+21.53%	+118.52%
2016	-5.33%	+43.09%
2015	-16.30%	+4.98%
2014	+95.37%	+57.29%
2013	-36.52%	+71.94%
2012	+5.23%	+27.56%
2011	+112.97%	-20.54%
2010	+16.06%	+25.97%
2009	-39.24%	+203.21%
2008	N/A	+3.46%

TMF vs TECL Drawdown Comparison

The maximum drawdown for TMF was -92.61%, occurring on May 21, 2025. This drawdown has not yet recovered.

The maximum drawdown for TECL was -77.96%, occurring on Oct 12, 2022. Recovery took 617 trading sessions.

The current TMF drawdown is -92.06%.

Rank	TMF	TECL
#1	-92.61% Mar 9, 2020 - May 21, 2025	-77.96% Dec 27, 2021 - Jun 11, 2024
#2	-53.33% Jul 25, 2012 - Jan 5, 2015	-75.10% Feb 19, 2020 - Aug 24, 2020
#3	-51.11% Jul 8, 2016 - Aug 12, 2019	-66.59% Jul 10, 2024 - Sep 15, 2025
#4	-46.17% Aug 26, 2010 - Aug 10, 2011	-59.71% Oct 3, 2018 - Jul 10, 2019
#5	-44.57% Apr 20, 2009 - Aug 19, 2010	-52.20% Feb 8, 2011 - Feb 27, 2012
#6	-42.46% Jan 30, 2015 - Jun 27, 2016	-51.85% Jan 6, 2009 - Apr 9, 2009
#7	-30.94% Oct 3, 2011 - May 30, 2012	-46.63% Oct 29, 2025 - Apr 24, 2026
#8	-24.59% Aug 28, 2019 - Feb 24, 2020	-46.08% Apr 23, 2010 - Dec 10, 2010
#9	-14.95% Aug 10, 2011 - Aug 18, 2011	-37.69% Apr 2, 2012 - Sep 18, 2013
#10	-14.23% Sep 22, 2011 - Oct 3, 2011	-37.06% Sep 2, 2020 - Dec 28, 2020
#11	-12.90% Aug 19, 2011 - Sep 2, 2011	-36.67% May 27, 2015 - Nov 4, 2015
#12	-12.78% Jun 1, 2012 - Jul 23, 2012	-35.79% Dec 4, 2015 - Jul 14, 2016
#13	-7.46% Aug 15, 2019 - Aug 27, 2019	-28.88% Jan 4, 2010 - Mar 23, 2010
#14	-6.18% Sep 12, 2011 - Sep 19, 2011	-28.08% Jan 26, 2018 - Mar 9, 2018
#15	-5.52% Sep 6, 2011 - Sep 9, 2011	-27.06% Mar 12, 2018 - Jun 4, 2018

Correlation

Correlation between TMF and TECL is -0.30 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.30

-101

Dividend Comparison (2009 - 2026)

TMF vs TECL dividend yield comparison.

Year	TMF	TECL
2026	0.62%	0.05%
2025	4.06%	7.19%
2024	4.29%	0.29%
2023	2.82%	0.28%
2022	1.62%	0.22%
2021	0.13%	0.32%
2020	2.24%	0.52%
2019	0.94%	0.25%
2018	1.49%	0.47%
2017	0.41%	0.10%
2013	0.57%	0.00%
2012	0.17%	0.00%
2011	0.70%	2.30%
2010	5.12%	12.26%
2009	15.58%	14.61%